Public Sector

Jeremy Newman

Three firms pick up remaining Audit Commission work

BDO, KPMG and EY pick up remaining local government Audit Commission contracts

02 Apr 2014

audit-commission-logo

Local audit changes could undermine auditor independence

Transparency International warns changes to local audit system may "inadvertently allow corruption to thrive"

15 Nov 2013

Ian Ball chief executive of IFAC

Ex-IFAC CEO moves to CIPFA

Ian Ball to develop the institute's international offering

24 Sep 2013

NAO qualifies local government accounts

Department for Communities and Local Government accounts qualified following spending breaches

02 Jul 2013

Ernst & Young called in to save foundation hospital

Ernst & Young's most senior insolvency practitioners take up role at Mid Staffordshire Hospital Trust

16 Apr 2013

Local Audit Bill has “gaping holes”, says Hodge

Arrangements set out in Local Audit Bill "will result in a more complex and fragmented audit regime", says Margaret Hodge

18 Jan 2013

Accounting error wipes £2.3m off Cambridge Council budget

E&Y confirms council's £2.3m December budget adjustment

07 Jan 2013

Public sector audit work improves for 2011/12

Audit Commission finds there have been improvements in the standard of financial reporting at local bodies

14 Dec 2012

Lack of quality data hinders government's budgeting

Government departments need to better align budgeting and planning, says NAO

18 Oct 2012

CIPFA chief Steve Freer to step down

Steve Freer to leave CIPFA within the next 12 months, after 12 years of service

01 Oct 2012

Institutes launch public sector audit review

CIPFA and IIA launch consultation on first set of public sector internal audit standards

17 Jul 2012

Big firms scoop up Audit Commission work

Grant Thornton picks up four Audit Commission contracts - DA Partnership picks up just one deal

05 Mar 2012

KPMG: UK fraud hits record high in 2011

Management fraud soars 74 per cent, leaving investors vulnerable, according to figures by Big Four firm

30 Jan 2012

New entrants set for Audit Commission bidding

Audit commission bosses cite "high interest" among potential new players to the market

30 Aug 2011

CIPFA: Off-balance sheet government borrowing must stop

CIPFA says government must avoid shifting debts off balance sheet through PFI and prioritise value for money

19 Aug 2011

Broader approach needed to understand public finances

Pension Corporation calls for more assets and liabilities to be included in public sector finance calculations

15 Jul 2011

CIPFA clashes with government over council spending

CIPFA and government disagree over accounting for 'austerity' spending cuts

06 Jul 2011

Governance and accountability 'weak' in public audit

Heads of local government audit said public audit committees are weak at accountability and good governance

11 May 2011

Consulting picks up after 2009 slump

Consulting industry halts contraction

03 May 2011

Is the Big Society too big for public audit?

The Audit Commission will soon breathe its last, and the question of how to make public audit appointments in future is being fiercely debated

13 Apr 2011

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2shotguests

How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

The Practitioner: The promise of the pension pot

The combination of pensions drawdown and enterprise investment tax planning makes the Practitioner's mouth water - but can the firm get its pensioners lined up in a row?

Leader: Charity begins at home

With so many accountants require support and counselling, an already charitable profession must consider where its efforts go

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Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.